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Axis Bank - Swing Opportunity

Discussion in 'Technical Analysis' started by yankeedin, Aug 25, 2016.

  1. yankeedin

    yankeedin Responder

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    Hi Shabbir,

    I am in this forum after long time as was busy with project work. Hope you are doing fine.

    Would like to mention that the new theme of this forum is awesome and UI is very good.

    Coming to point, after long time, doing a paper trade as of now.

    Axis bank for swing opportunity (though not strong)
    buy when in uptick, above 585 for target of 598/605 stop loss 575

    Regards
    Dinesh
     
  2. shabbir

    shabbir Administrator Staff Member

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    Good to see you back.

    Glad you liked it and also this forum is viewable by everybody who are not registered as well.

    With a stop of 575 looks like breakout is also round the corner.
     
  3. Suresh_Sinha

    Suresh_Sinha Active Member

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  4. yankeedin

    yankeedin Responder

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    Thank You Suresh.. Have exponential profitable year ahead
     
  5. yankeedin

    yankeedin Responder

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    Axis bank hit high of 599 today, first target achieved early morning today:D
     
  6. shabbir

    shabbir Administrator Staff Member

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    Party time.

    Nifty breakout as well :D
     
  7. nirajshah

    nirajshah Champion

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    Awesome and that is why I am hooked here. There is so much to learn.
     
  8. yankeedin

    yankeedin Responder

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    Yes, looks like Nifty will move to 9k.
     
  9. shabbir

    shabbir Administrator Staff Member

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    But I would like to see 3 closes above 8700 to confirm and it is not a fake breakout but does not get the feeling its a fakey one.
     
  10. nirajshah

    nirajshah Champion

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    We now have 3 close above 8700 and above 8800 as well
     
  11. shabbir

    shabbir Administrator Staff Member

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    Party time. Looks like Nifty is headed north but stop loss will become 8680
     
  12. yankeedin

    yankeedin Responder

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    Ha ha.... Axis bank is top gainer of the day in nifty today. And of course it hit my 2nd target.:)
     
    shabbir likes this.
  13. shabbir

    shabbir Administrator Staff Member

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    Party time :D